July 14, 2026, Tuesday
English

No longer needing a bank to take a loan, Rashtra Bank is implementing formal loan transactions between individuals

Main News Image

Kathmandu. The Governor of Nepal Rastra Bank, Dr. Vishwanath Poudel, today announced the 25th monetary policy for the fiscal year 2083 and 84. This year's monetary policy has placed special emphasis on digital financial instruments and regulatory simplification to support the high economic growth target of 7 percent.

The most important and innovative aspect of the monetary policy this time is the announcement to start the study of personal credit scoring 'peer to peer' transaction system. The National Bank is now going to carry out a detailed study for the development of a platform where loans can be transacted directly between individuals. In other words, after the PTP platform is established, a bank is not necessarily required to take a loan.

mediabaaji add

Related News

The price of petroleum products has decreased in Nepal

Kathmandu. Nepal Oil Corporation has reduced the price of petroleum products significantly. The board meeting of the corporation has decided to reduce the prices of petrol, diesel, kerosene, aviation fuel and LP gas for cooking. The new price will...

Bhujung Hydropower will issue an IPO to the general public from January 12

Kathmandu. Bhujung Hydropower Limited is going to issue an IPO for the general public from this January 12th. The company has issued and distributed the IPO to local residents affected by the project and Nepalese who have gone abroad for employmen...

What is the exchange rate of which country on Tuesday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one US dollar is 144 rupees 75 paisa and the selling rate is 145 rupees 35 paisa.

Simi...

Fall in the price of gold, now how much per tola?

Kathmandu. The price of gold has decreased in Nepali market today. Gold tola has fallen by 1 thousand 400 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at Rs 2 lakh 84 thousand 400 per tola today....

The price of gold and silver decreased, how much is the transaction going on today?

Kathmandu. The price of gold and silver in the Nepali market has declined on Wednesday. According to the Nepal Gold and Silver Traders Federation, today the price of gold has decreased by 1 thousand 100 rupees per tola. Along with this, on Wednesd...

What is the foreign currency exchange rate for Monday?

Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Monday. According to the determined exchange rate, the buying rate of one US dollar is 144 rupees 76 paisa and the selling rate is 145 rupees 36 paisa.

Simila...